As South Africa commemorates Savings Month this month, the country’s financial landscape presents a unique opportunity for retail investors to bolster their savings. Interest rates
SARB’s announcement was widely welcomed, although a much-anticipated interest rate cut failed to materialise, with the prime lending rate remaining at 11.75%. “All signs at
This latest 50 basis point interest rate hike on its own has a limited dampening impact on the commercial property market. “But it brings the
The governor of the South African Reserve Bank recently announced an increase in the lending rate by 75 basis points. This means the repo rate
Interest rates have gone up several times in the last few months in South Africa, and it looks like they will keep rising for the
Following the South African Reserve Bank’s (SARB’s) decision to increase its repo rate by 0.75%, FNB will raise its prime lending rate by 0.75%. The
The monetary policy committee (MPC) increased the interest rate (repo rate) by 50 basis points (bps) or 0,5%. The increase will see the repo rate
The South African Reserve Bank’s decision to increase the repo rate by 50 basis points (bps) to 4.75% means that small businesses will likely have
The South African Reserve Bank (SARB) increased its repo rate by 0.25 percent recently. This caused the prime lending rate in South Africa to rise
Following the South African Reserve Bank’s (SARB’s) decision to increase its repo rate by 0.25%, FNB will also lift its prime lending rate by 0.25%.